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50 Fall Creek Drive

 
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Bed: 3
Bath: 2
1/2 Bath: 0
Sq. Ft.: 1,652
Acreage: 2.00

$749,900

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Community: Nebo in McDowell County

Bed: 3
Bath: 2
1/2 Bath: 0
Sq. Ft.: 1,652
Acreage: 2.00
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Escape to a life of rustic luxury in this log home on 2 acres in the NC Mountains! Bring your RV! Massive attached garage accommodates a 45' motorcoach w/ reinforced floors, full hook ups including 50amp plugin & EV charger. Upon entering, instantly fall in love w/ the open floorplan. Centered around a great room w/ high ceilings, gas fireplace & massive kitchen island w/ tons of seating. Home chefs will love all the prep space & room for entertaining guests. Kitchen has upgraded appliances including an induction cooktop, wall oven w/ convection microwave & custom cabinetry. The beauty inside is surpassed only by the gorgeous views outside each window. Overlook a fenced back yard from the covered porch & sip your morning coffee from the screened sitting area off the primary BR. Relax in the Hotsprings spa on chilly fall nights while stargazing at an endless sky. Primary en-suite w/ custom cabinets in a walk-in closet & huge tile shower. Full basement ready to finish or save as storage.

Listed by Engel & Volkers Foothills Lake James
Attribution: Cory.coady@evrealestate.com
Original Listing Price: 749,900
MLS #: ‍4247275
Listing Status: Under Contract
Days on Market: 24
Buying Firm Commission: Test

Based on information submitted to the MLS GRID as of 2025-05-12 at 2:15AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Map

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Directions: From I-40, take exit 86/Marion. Turn left onto Hwy 226 south and cont. for 7 miles. Turn right on Landis Lane and cont. 2.5 miles. Turn right on Joe Branch Rd. and follow approx. 1/2 mile until you reach Grandview Peaks on your right. Go through the gated entrance and bear right to stay on Grandview Peaks Dr. Go 2 miles and turn left on Adirondack Trail. Take second left onto Mossy Oak Trail and cont. approx. 1/2 mile. Turn left onto Fall Creek Dr. and look for the home on your right.

Disclaimer: The map service includes search results such as listings and related information provided by third parties. Walnut Cove Realty makes no representations or warranties regarding the accuracy or completeness of the information provided by these third parties.

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Property Features

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Floors: Wood
Water: Well
Year Built: 2021
Association Fee: 1355
Roof: Shingle
Exterior Features: Hot Tub
Basement/Foundation: Basement
Heating/Cooling: Heat Pump
Cooling: Central Air
Style: Cabin,Rustic
Subdivision: Grandview Peaks
Sewer: Septic Installed
Lot Description: Level,Wooded,Views
Community Features: Gated,Picnic Area,Pond,Recreation Area,Walking Trails
Interior Features: Breakfast Bar,Built-in Features,Entrance Foyer,Kitchen Island,Open Floorplan,Pantry,Split Bedroom,Walk-In Closet(s)
Garage/Carport: Driveway,Electric Vehicle Charging Station(s),Attached Garage,Garage Faces Front,Garage Shop,Golf Cart Garage,RV Access/Parking

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Purchase Price:
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Down Payment:
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Interest Rate:
%
Amortization Period:
Years
Results:
Monthly payment including interest:
$3,799.63
Estimated Monthly Payment:
$3,799.63
Annual Salary:
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Annual Home Insurance:
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Combined Annual Gross Income:
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Total Debt:
Results:
PITI using 36% RATE A:
PITI using 28% RATE B:
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Monthly Payment Cap (RATE B):
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The 36% income is based on the PITI (mortgage principal plus interest amount plus your monthly property tax and home insurance), PLUS any other debt payments you must pay every month.
RATE B
The 28% income is based on PITI (Principal + Interest + Tax + Insurance) or more specifically, the mortgage principal plus interest amount plus your monthly property tax and home insurance the lender typically holds in an escrow account for you.
Down Payment:
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Total Monthly Payment:
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Length of Loan (years):
Interest Rate (%):
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Property tax rate (1% = $1000/yr for 100K house):
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Home Owners Insurance:
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Mortgage Insurance Premium (generally between $1000 and $5000 per year):
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By making a down payment of $15,000.00 and paying $1,500.00 per month, you will able to afford a home that costs $220,780.58 . You will need to qualify for a loan of $205,780.58.

Summary of Your Monthly Payment
Principal and Interest:
$1,136.70
Taxes and Insurance:
$279.97
Mortgage Insurance:
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Schools

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  • High School: McDowell
  • Middle School: East McDowell
  • Elementary School: Glenwood
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